Dec 30, 2012 1:00pm PST
reform trying to sell a fiscal cliff deal. he is was on meet the press. republicans weren't happy with that appearance because he they felt he was blaming them. new development in the last hour or two, vice president biden has come back from delaware. he is now here at the white house. he has had two phone calls with mitch mcconnell. in previous budget battles, joe biden has been the closer on these deals. his coming back from delaware might be a sign they are moving a little closer. that will be something to watch. the whole thing about changing cpi and reining in cost of entitlements, republicans are judging in on that. take a listen. >> one of proposals we made was something called change cpi but basically makes an adjustment in terms of how inflation is calculated on social security. highly unpopular among democrats not something supported but to strengthen social security in the long time i'm willing to make those decisions. >> reporter: in the morning, the president seemed to be opening the door to rein in those entitlements and then you heard harry reid shut the door on it.
Dec 30, 2012 9:00am PST
to congress. >> reporter: republicans have had several chances to pass a deal to avoid the fiscal cliff, but they did not do so. the president seems cautiously optimistic something will happen. the president adds that -- adding that he asked the senate to come up with a deal, but that if they do not, he says he wants them to vote to extending the bush tax cuts for the middle class. positive news, concerning former president george h.w. bush. his office released a statement saying he has been moved out of the intensive care unit and into a regular patient room at methodist hospital. he was admit to the the hospital, the day after thanksgiving with bronchitis. three people are dead after a small plane crash in california. investigators say a 63-year-old man, his wife and daughter were flying from san diego to phoenix when the crash happened. the cause is under investigation. final preparations are underway for the big new year's eve celebrations in times square. organizers have tested the confet tow make sure it floats. thousands of people from around the world wrote wishes on the confety
Dec 25, 2012 7:00am PST
and people will blame the republicans if we two over the fiscal cliff i happen to believe they will blame everybody and the president is not going to escape liability for not leading us through this crisis, because after all, this is a manufactured crisis, created by the very people who are charged now it solve it to refuse to solve it. so they're just kicking the can down the road. let's not forget in 2013, we have another crisis looming and that is the debt ceiling. kelly: exactly right. let's remind people what this fiscal cliff is really all about. we're talking about automatic tax cuts that will go into place as well as drastic, draconian cuts in entitlement programs, medicare, and even the military. the military can suffer very greatly if this goes through the sequestration. if you look at all this, you realize something has got to be done, because $2,000 per average taxpayer will be added to them over the course of this year if they fail to do something, what is going to happen? what is your prediction, brad? >> well, my prediction is, that we're likely to go over the cliff because